$4,600,000
Active Under Contract
188 Days Online
0 Beds0 Baths12,000 SQFT
Active Under Contract

160 Olinda Place Brea, CA 92823

Presenting a remarkable investment opportunity, this prime retail shopping center is now available for acquisition. Situated in a highly sought-after location, this property offers investors a strategic asset with a strong track record of performance and promising growth prospects. Strategically located in a high-traffic area with excellent visibility and accessibility, this shopping center is a cornerstone of the community and enjoys a consistent influx of potential customers. This shopping center boasts a total of +/-12, 000 square feet on a spacious 3.68 acre lot. The center's diverse tenant mix includes a wide range of retail, dining, and service businesses. The shopping center offers ample parking with approximately 150 parking spaces, ensuring convenience for customers and tenants. The deferred maintenance presents an opportunity for the buyer to renovate and modernize the property, potentially increasing its leasing appeal and rental income. This could involve upgrading the façade, parking lot, enhancing landscaping, or improving common areas. Opportunities for expansion or redevelopment are available, allowing for additional revenue streams. Please note, expenses to follow.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyOrange
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site187 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberCV23200708
  • Home Size Source N/A
  • Year Built1966
  • Lot Size3.6826 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction FrameStucco
  • Parking Spaces 150
  • Number of Stories 1
  • Acreage 3.6826
  • Water Public
  • Security Carbon Monoxide Detector(s)Smoke Detector(s)
  • Property Sub Type Retail
  • Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Interior Features

  • Laundry Features None

Exterior Features

  • Roof Spanish Tile
  • Fencing Chain Link
  • Lot Gentle SlopingIrregular LotLot Over 40000 SqftPavedValue In Land

Community Features

  • MLS Area 86 - Brea
  • Security Features Carbon Monoxide Detector(s)Smoke Detector(s)

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Monthly Payment (Est.)

$25,029
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